4102 Craig Avenue

Charlotte, NC 28211

MLS#: 4399631

$2,950,000

Status: Active
Listing number: 4399631
Listing provided by: BnBCabins Inc
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

18

Full Baths

18

1/2 Baths

None

Year Built

1961

Sq.Footage

11,268

Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.

Features & Amenities

Interior

  • Total Bedrooms

    18

  • Bathrooms

    18

  • Above Grade Finished Area

    11268.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Separate Meters

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Patio and Porch Features

    Front Porch, Rear Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot, Paved

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,950,000

  • Sq. Footage

    11,268

  • Price/SqFt

    $261

HOA

  • Association

    No

School District

  • Elementary School

    Billingsville Cotswold

  • Middle School

    Alexander Graham

  • High School

    Myers Park

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Mecklenburg

Elementary School

Billingsville Cotswold

Middle School

Alexander Graham

High School

Myers Park

Listing Courtesy of John Cockman , BnBCabins Inc

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Agent Mary Patrella

Agent

Mary Patrella

Call Mary today to schedule a private showing.

(914) 434-0861

(803) 599-3527

mary@prestinoadvantage.com


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Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.

4102 Craig Avenue

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